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OCII approves settlement in Yerba Buena lawsuit, city to fund pedestrian improvements

Commission on Community Investment and Infrastructure · May 20, 2014
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The commission approved a settlement resolving litigation over the July conveyance of parcels for the proposed Mexican Museum, with the city agreeing to fund pedestrian safety measures around the project and the developer donating $200,000; the settlement releases claims against the successor agency and imposes no financial liability on it.

The Commission on Community Investment and Infrastructure on May 20 approved a settlement resolving a lawsuit challenging the agency’s July conveyance of parcels to Millennium for the Mexican Museum and an associated residential tower.

Jim Morales, deputy director and interim general counsel, told commissioners that the agreement would dismiss the lawsuit and release all claims against the successor agency while imposing no financial liability on the agency. Under the settlement, the city — not the successor agency — will…

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